LTC Properties, Inc. Appoints Caroline Chikhale as Executive Vice President, Chief Accounting Officer, Controller and Treasurer
March 04, 2020 at 04:33 pm EST
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Effective March 1, 2020, LTC Properties, Inc. appointed Caroline Chikhale as Executive Vice President, Chief Accounting Officer, Controller and Treasurer. In this capacity, Ms. Chikhale will serve as LTC’s principal accounting officer. Caroline Chikhale has served as LTC’s Senior Vice President, Controller and Treasurer since June 2015 and previously as Vice President, Controller and Treasurer since March 2007. She joined LTC in May 2002 as Accounting Manager and has also served as Assistant Controller and Assistant Treasurer. Prior to joining LTC, Ms. Chikhale worked at Ernst & Young in the Assurance and Advisory Practice. Ms. Chikhale received her bachelor’s degree in Accounting from the University of Southern California. She is a Certified Public Accountant, inactive. In connection with her appointment as Executive Vice President, Chief Accounting Officer, Controller and Treasurer, LTC entered into an employment agreement with Ms. Chikhale as of March 1, 2020. Executive Vice President, Chief Financial Officer and Secretary Pam Kessler, who was previously designated as both principal financial officer and principal accounting officer, will remain LTC’s principal financial officer.
LTC Properties, Inc. is a real estate investment trust (REIT). The Company invests in seniors housing and health care properties through sale-leasebacks, mortgage financing, joint ventures, construction financing and structured finance solutions including preferred equity, and mezzanine lending. It invests in various properties, including skilled nursing centers (SNF), which provides restorative, rehabilitative and nursing care; Assisted living facilities (ALF), which serves people who require assistance with activities of daily living; Independent living facilities (ILF), also known as retirement communities or senior apartments, offers a community and numerous levels of service, such as laundry, housekeeping, dining options/meal plans, exercise and wellness programs, transportation, social, cultural and recreational activities, on-site security, and others, and Memory care facilities (MC), offers specialized options for people with Alzheimerâs disease and other forms of dementia.